Nintendo’s Stock Value Highest It Has Been In 9 Years

In a report published today, Nintendo’s Market value has risen considerably. It is now higher than Sony’s entertainment and electronics divisions.

In a report published by The Hollywood Reporter, the Japanese games giant capital is now at $49.8 billion (5.56 trillion yen). This is just ahead of Sony’s market value which is at $48.6 billion (5.43 trillion yen).

Since Pokemon GO released in 2016, Nintendo’s stock has gone up 160 percent. The market closed on Monday at 39,280 yen which is the highest it has been for Nintendo since 2008.

According to analysts both Nintendo and Sony’s stock prices are expected to grow. This is due to Nintendo focussing on popular brands for both the switch and mobile. Whilst Sony are finding success on the PlayStation VR and television programmes.

Rob has been writing about video games since 2009 for various blogs and indie news outlets. Now deputy editor of the Green Man Gaming Newsroom, Rob is responsible for getting the most up to date news onto the site (much like everyone else here). He also loves all comic books and all things sci-fi. You can check out his community profile here.